Thinking of purchasing your FIRST HOME? That’s exciting! We understand that it can seem a bit overwhelming too. So where do you start? The best place to start is by talking with a realtor and a lender, in either of those orders. A realtor will sit down with you & go over the buying process & what is involved. They'll go over how to look at houses and what happens once you find a home on which you want to write an offer. They'll show you what a CMA (comparative market analysis) is and go over the contingencies in an offer that help keep you safe. They will also go over the timeline from contract to close and the steps involved. Your realtor is there to guide you every step of the way, but it’s important to be an informed buyer. Understanding the process will help alleviate stress and make the process go smoother for you by eliminating some unknowns.
This is also a great time to interview agents. You can sit down with as many agents as you need until you feel comfortable and confident with your choice. Sitting down with a lender is also a great idea because this will be one of the biggest investments you make. Your lender will help guide you through the lending process and will go over the different mortgage options available. And together, you will come up with the best mortgage for youIt’s important to talk with a lender and get pre-approved prior to looking for homes. That way you are only looking at the homes you know you can afford. Once you’re pre-approved, your realtor will start sending you properties that meet your criteria. These properties will come from an agent portal and will be the most up to date. No more looking at houses on outside websites just to find out the property is already under contract.
If you're a first time home buyer and ready to start the process, give us a call today!